HCAD: Property value notices to start hitting mailboxes

  HOUSTON (KTRK) -- Property owners in Harris County can expect to get notices over the next three weeks of their 2012 property values. The notices are being mailed out starting today.

The Harris County Appraisal District says about 30 percent of residential properties should expect a drop in value. About 60 percent of property owners in Houston can expect their value to stay the same. The remaining 10 percent will see an increase in property values.

Commercial property owners will get their notices later this month.

About 900,000 letters are supposed to go out to residents in the next three weeks.

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